Cloud Computing

AAA

DEFINITION of 'Cloud Computing'

A model for delivering information technology services in which resources are retrieved from the internet through web-based tools and applications, rather than a direct connection to a server. Data and software packages are stored in servers. However, cloud computing structure allows access to information as long as an electronic device has access to the web. This type of system allows employees to work remotely.

INVESTOPEDIA EXPLAINS 'Cloud Computing'

Cloud computing is so named because the information being accessed is found in the "clouds", and does not require a user to be in a specific place to gain access to it. Companies may find that cloud computing allows them to reduce the cost of information management, since they are not required to own their own servers and can use capacity leased from third parties. Additionally, the cloud-like structure allows companies to upgrade software more quickly.

RELATED TERMS
  1. Visual Basic For Applications - ...

    A computer programming language developed by Microsoft which ...
  2. Bleeding Edge Technology

    Technology that is acquired almost immediately after its release, ...
  3. Chief Information Officer - CIO

    A company executive who is responsible for the management, implementation ...
  4. Capital Asset

    A type of asset that is not easily sold in the regular course ...
  5. Capital Expenditure - CAPEX

    Funds used by a company to acquire or upgrade physical assets ...
  6. Plant Patent

    An intellectual property right that protects a new and unique ...
Related Articles
  1. Evaluating The Board Of Directors
    Insurance

    Evaluating The Board Of Directors

  2. The Basics Of Corporate Structure
    Investing Basics

    The Basics Of Corporate Structure

  3. Governance Pays
    Options & Futures

    Governance Pays

  4. Short Sale Strategies For Buyers And ...
    Investing

    Short Sale Strategies For Buyers And ...

Hot Definitions
  1. Return On Sales - ROS

    A ratio widely used to evaluate a company's operational efficiency. ROS is also known as a firm's "operating profit margin". ...
  2. Halloween Strategy

    An investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market ...
  3. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  4. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  5. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  6. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
Trading Center